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1 gru 2022 · Truckers need strong rates to offset rising expenses to attract and retain drivers, as well as higher insurance, fuel and equipment costs.
12 sty 2023 · FTR looks at key economic and trucking industry indicators and offers an outlook for freight transportation in 2023.
Q3 2023 Spot & Contract Truckload Rate Trends. Corey Klujsza. In our last quarterly update, we saw the Coyote Curve ® index trend downwards for the seventh straight quarter. But the rate of decline levelled off significantly, and we predicted that Q2 would, finally, be the turn of the tide. The Q2 numbers are in.
Before we dive into this quarter’s edition of our Transportation Outlook, inclusive of our macroeconomic update, spot and contract rate forecasts and top tips for shippers and carriers, it’s important to align on today’s freight market landscape.
29 gru 2022 · shipping, rates, spot rates. Shippers are in the driver’s seat as spot and contract rates continue to soften, but industry analysts said rates likely will stabilize throughout 2023.
Overall, 2023 rate movements have aligned with our initial forecast from October 2022 and the subsequent update published in June. A bifurcation of trends has emerged across van and reefer equipment, with van rates trending toward the downside and reefer rates leaning slightly to the upside.
1 sie 2014 · By 2023, the total freight tonnage is expected to grow by 21 percent, and revenue for the freight transportation industry is expected to rise 59 percent, according to the Ontario Trucking Association (OTA).
